Albanesi S.A.’s AR $220 million Class II Notes Issuance. Counsel to Albanesi S.A.

Counsel in Albanesi S.A.’s issuance of its AR $220,000,000 Class II Notes under its $100,000,000 Global Notes Programme. Banco Macro S.A., Banco Hipotecario S.A. and BACS Banco de Crédito and Securitización S.A., acted as arrangers. Macro Securities S.A., BACS Banco de Crédito y Securitización S.A., Banco Hipotecario S.A. and Banco de la Provincia de Buenos Aires, acted as placement agents.